Glad I'm on Demo, 10 losses -$600 crazy, 0 profits, when I'm hot I'm hot, when I'm SHIT I'm SHIT!! LOL Every time I enter with direction, the directions already changed. Went to -$1000 and pulled it all back and +$300 here, how ?? well I switched to M5, then it's plain to see direction is up, range is this and enter near the lows and 30pts in less bars LOL I've got to go M5, wasted too much time on M1 I just can't do it!!
16 loser trades in a row, most SL hit pretty quickly today, that's some crazy streak, then a run (6) of good profits, then 12 losers in a row again, wtf!! reviewing trades, first few are late trend joins ie just as they fail, then a batch of chop I've tried to jump on too early, as far as I've got, stupid stupid brain cell has left the building.
I see what I'm doing wrong, the entire trying to out smart the market and rather than go along with the trend, I'm back trying to use 4lwma's to trade off, then getting SL'd to death. M5 is too far, but 10sma and large range and 20sma ie slower, working well thus far.
Looks Like I'm fixed again I get too greedy and try to take all the pts, just got to play the slower trend with direction and role with the punches. GREED was my down fall!!
Right the final method ( I've said it before, but really had enough, cocking it up trying for better ) 10Ema Envelope 10ema H+0.04% and L-0.04% Envelope 30ema 0.02% Trade with this direction ONLY!! KISS!! 6 demo trades, only 1 loser, yesterday don't even ask. Cracked, it before my 50th ( Maybe and JUST )
Got method wrong. Envelope 30ema 0.02 10ema hl/2 Envelope 10ema h+0.01 l-0.01 Envelope 10ema h+0.04 L-0.04 That's great used correctly stick to that, stop trying to control noise ffs
Method definately works, scrolled through about 60days and it works, I'm NOT ALLOWED to change a damn thing, that's it, fix my trading issues, don't improve, don't go back to trying to time shorter term market moves, cause by the time you can see the change of direction, it'll change again = chopped to death!! Monday 50th Tuesday back on it!!
M1 is fine, no access to on MT4 and ET2 Ninja account didn't let me access, not a high enough key I guess so didn't get to play with. Managed 6weeks of profitable, before I took a few hits, tried to fix by changing system then went back to loser, but switched to Demo to work through so didn't give too much back ( Blew E2T this month mind ). Trading with a mate from Tuesday, remotely, compliance department, stop the going stupid, he'll copy my trades / point out trades and tell me to stop when trading stupid and make some cash himself all being well obviously.
if u want a second opinion. confidential. send me a days worth of entries n exits on a chart in pm. no big deal if u dont want too or post it here if u want a real critique from all..